Onchain Analyst Links $18.4 Million in Robinhood Chain Memecoin Rug Pulls to Single Operation
An onchain analyst has identified that $18.4 million in losses from 10 Pons V2 token launches on the Robinhood Chain originated from a single rug-pull operation. Data indicates that the creators exempted specific wallets from the project's anti-sniping tax, allowing those wallets to acquire the majority of the token supply.
Summaries are written by AI from the original article. Not investment advice.